LUXEMBOURG (dpa-AFX) - Tenaris S.A. (TS) reported first quarter shareholders' net income of $541 million compared to $507 million, last year. Earnings per share was $0.54 compared to $0.47. Earnings per ADS was $1.07 compared to $0.94. Net sales increased to $3.10 billion from $2.92 billion.
Tenaris S.A. also announced that its Board has appointed Gabriel Podskubka as Chief Executive Officer. Podskubka has served as Tenariss Chief Operating Officer since 2023. Paolo Rocca will continue to serve as Chairman of the Board.
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